1 day ago · "Arizona is the premier destination for high-tech companies like Meta and we look forward to supporting their success in Mesa," Allison Grigg, SVP of Economic Development, Arizona Commerce Authority, said. ... and is developing a 2GW facility in Louisiana. This week, CEO Mark Zuckerberg said that the company plans to spend "hundreds of billions ...

1 day ago · Meta, the parent company of Facebook and Instagram, is expecting to spend between $60 billion and $65 billion to build new projects in 2025, with some of that investment coming to Arizona.. The ...

The Mesa Data Center, first announced in August 2021, is a greenfield development of a five-building campus encompassing over 2.5 million square feet of data center and administrative space for tech giant Meta, the parent company of Facebook, founded by Mark Zuckerberg.

2 days ago · The cofounder and CEO of Meta doubled down on plans to spend hundreds of billions of dollars on AI infrastructure as China's DeepSeek raises questions about the costs of the AI arm's race.

Jan 25, 2025 · On Friday, Mark Zuckerberg announced a $60-65 billion investment into Meta AI. "This will be a defining year for AI," Zuckerberg wrote in a Facebook post detailing the investment. "In 2025, I ...

Mar 8, 2021 · For Republicans, it was a domestic source of funding that drew their ire: Facebook founder Mark Zuckerberg and his wife, Priscilla Chan, who donated hundreds of millions of dollars to election nonprofits that in turn distributed funds across the country, including in Arizona.

6 days ago · Zuckerberg expects Meta to allocate between $60 billion and $65 billion for capital spending, primarily aimed at expanding the company's AI teams and building a new data center. he described the ...

Jan 24, 2025 · The project would mark a significant jump in Meta’s capital expenditures, which were around $38 billion to $40 billion in 2024, Susan Li, Meta’s chief financial officer, had previously said.

Apr 3, 2024 · Donald Trump and his allies spread misinformation about a donation from Mark Zuckerberg, igniting a movement to ban private funding of elections.

Apr 7, 2021 · Arizona election departments could no longer accept private funding under a measure the state Legislature passed Wednesday after billionaires such as Mark Zuckerberg donated to help local officials nationwide in 2020.